Transforming Agriculture: The Future of Irrigation Automation Market through 2030


Posted September 16, 2024 by Harshal

According to the latest publication from Meticulous Research®, the irrigation automation market is projected to reach $12.7 billion by 2030, at a CAGR of 16.6% from 2024 to 2030.
 
Meticulous Research®, a leading global market research firm, has recently released a comprehensive report titled, “Irrigation Automation Market by System, Irrigation Type, Component, End Use (Agricultural, Non-agricultural) and Geography - Global Forecast to 2030.” This report offers a deep dive into the current state and future prospects of the irrigation automation market, highlighting key trends, growth drivers, and challenges.

Download Sample Research PDF @ https://www.meticulousresearch.com/download-sample-report/cp_id=5578

Market Overview and Growth Projections
According to the latest insights from Meticulous Research®, the global irrigation automation market is set to experience substantial growth over the coming years. The market is projected to reach $12.7 billion by 2030, achieving a compound annual growth rate (CAGR) of 16.6% from 2024 to 2030. In terms of volume, the market is expected to reach 1,299,600.5 tons by 2030, with a CAGR of 3% from 2024 to 2030.

This impressive growth is primarily driven by the increasing adoption of smart agriculture technologies and the numerous benefits offered by automated irrigation systems. These systems use advanced sensors and timers to ensure that water is delivered precisely to the root zones of plants, significantly reducing water wastage compared to traditional manual watering methods. Furthermore, the growing emphasis on water conservation, coupled with rising government support for automated farming technologies, is expected to provide substantial growth opportunities for stakeholders in the irrigation automation sector.

Market Segmentation
The global irrigation automation market is segmented based on system, irrigation type, component, end use, and geography. Each segment plays a crucial role in shaping the market dynamics.

1. System
The market is divided into automatic and semi-automatic systems. The automatic system segment is anticipated to dominate the market in 2024, thanks to its widespread adoption. This segment’s dominance is attributed to its efficiency in reducing water use and saving time, along with technological advancements that offer unique features and enhanced functionality. The automatic irrigation systems are expected to register the highest CAGR during the forecast period, driven by their growing popularity among farmers and technological improvements.

Browse In Depth: https://www.meticulousresearch.com/product/irrigation-automation-market-5578

2. Irrigation Type
Irrigation types in the market include sprinkler irrigation, drip irrigation, surface irrigation, hose reel irrigation, pivot irrigation, and other methods such as subsurface and spray irrigation. In 2024, the sprinkler irrigation segment is forecasted to hold the largest market share. This is due to its effectiveness in distributing water in a controlled manner, enhancing water-use efficiency, and achieving higher crop yields. The benefits of sprinkler systems, including their resistance to chemicals and ease of operation, also contribute to their significant market share.

On the other hand, the drip irrigation segment is expected to exhibit the highest CAGR during the forecast period. Drip irrigation’s growth is driven by its efficiency in delivering water and nutrients directly to the plant’s roots, making it an ideal solution for various crops and water-intensive applications. The segment’s appeal is bolstered by its ability to conserve water and improve crop yields sustainably.

3. Component
The irrigation automation market is segmented into hardware, software, and services. The hardware segment is projected to hold the largest market share in 2024, thanks to the growing demand for intelligent irrigation control systems and components like valves, sensors, and sprinklers. The segment’s growth is driven by the increasing implementation of smart irrigation controllers and sensors that optimize water use based on real-time plant needs. This segment is also expected to register the highest CAGR due to the ongoing advancements in irrigation technology.

4. End Use
The market is divided into agricultural and non-agricultural end uses. The agricultural segment is expected to account for the larger share of the market in 2024. This dominance is due to the increasing need for smart irrigation systems among farmers to automate their irrigation processes, reduce water wastage, and enhance crop productivity. The segment’s growth is also supported by the rising popularity of IoT-based smart irrigation solutions and the need for consistent water usage even in areas with low rainfall.

5. Geography
Geographically, the global irrigation automation market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Asia-Pacific is anticipated to hold the largest market share in 2024, driven by the region’s vast agricultural lands, rapid climatic changes, and strong government support for automated irrigation systems. The high population density and declining water levels in countries like India and China further fuel the demand for sensor-based irrigation systems in the region.

North America, however, is projected to experience the highest CAGR during the forecast period. This growth is attributed to the presence of major market players and the increasing adoption of irrigation systems due to government initiatives aimed at improving water conservation. Key players in North America, such as The Toro Company, Valmont Industries, and Rain Bird Corporation, are actively launching innovative irrigation automation systems, which supports market growth.

Key Players
The report identifies several key players in the global irrigation automation market, including The Toro Company (U.S.), Valmont Industries, Inc. (U.S.), Rain Bird Corporation (U.S.), Jain Irrigation Systems Ltd. (India), Lindsay Corporation (U.S.), Nelson Irrigation (U.S.), Rubicon Water S.L.U. (Spain), Galcon Bakarim Agricultural Cooperative Society Ltd. (Israel), HydroPoint Data Systems, Inc. (U.S.), Calsense (U.S.), Orbit Irrigation Products Inc. (U.S.), Stevens Water Monitoring Systems Inc. (U.S.), Viridix Ltd. (Israel), Niagara Irrigation Automation (India), and Lumo, Inc. (U.S.).

Quick Buy – Irrigation Automation Market – Global Opportunity Analysis and Industry Forecast (2024-2030), Research Report: https://www.meticulousresearch.com/Checkout/11523165

These companies are driving innovation in the irrigation automation sector by developing advanced systems and technologies to enhance irrigation efficiency and sustainability. For instance, Rain Bird Corporation recently launched the “Rain Bird Resources” mobile app, and Valmont Industries acquired Prospera Technologies to integrate AI technologies into irrigation practices. Such developments are expected to bolster market growth and support the advancement of irrigation automation technologies.

Contact Us:
Meticulous Research®
Email- [email protected]
Contact Sales- +1-646-781-8004
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Harshal
Country United States
Categories Agriculture , Business , Technology
Tags irrigation automation market , irrigation automation market size , irrigation automation market share , irrigation automation market growth
Last Updated September 16, 2024